Nafta
Definition of Nafta
The Canada social science dictionary [1] provides the following meaning of Nafta: North American Free Trade Agreement. See: FREE TRADE in this legal dictionary and in the world encyclopedia of law.
Nafta: Resources
Notes and References
- Drislane, R., & Parkinson, G. (2016). (Concept of) Nafta. Online dictionary of the social sciences. Open University of Canada
Resources
Legal English Vocabulary: Nafta in Spanish
Online translation of the English legal term nafta into Spanish: TLCAN (English to Spanish translation) . More about legal dictionary from english to spanish online.
Related to the Legal Thesaurus
Definition of Nafta
In relation to social issues, a meaning of nafta is provided here: North American Free Trade Agreement – the United States, Canada, and Mexico formed a major trading block in 1992 that removed tariffs and other barriers to the creation of a free trade zone among the three countries.
NAFTA in Global Commerce Policy
In this regard, nafta is: North American Free Trade Agreement. The entries on trade policy are here. Entered into force on 1 January 1994. The entries on trade policy are here. Its members are Canada, United States and Mexico. The agreement is long and complex. The entries on trade policy in the Encyclopedia are here. Only a basic introduction to its structure can be given here. NAFTA’s objectives, as set out in Chapter 1, are to eliminate barriers to trade in goods and services, promote fair competition, adequate and effective protection of intellectual property rights, effective procedures for settlement of disputes and to provide a framework for further trilateral, regional and multilateral cooperation. Chapter 2 contains definitions. Chapter 3 provides for national treatment of goods. Most tariffs will be phased out over ten years. The entries on trade policy are here. Anti-dumping rules are also part of this chapter. Chapter 4 sets out the rules of origin. These are, as in other free-trade arrangements, fairly complex. Common customs procedures are listed in Chapter 5. The entries on trade policy are here. Energy and trade in basic petrochemicals, dealt with in Chapter 6, are to be liberalized. Chapter 7 contains the rules for agriculture and sanitary and phytosanitary measures. Chapters 8, 9 and 10, respectively, set out the safeguards, technical barriers to trade and government procurement provisions. NAFTA Chapter 11 is the investment chapter. National treatment and most-favoured-nation treatment apply to investment. This chapter also outlines the concept of a minimum standard of treatment. Chapter 12 concerns cross-border trade in services. The entries on trade policy are here. All modes of services delivery are covered. This followed by more specific rules for telecommunications and financial services in Chapters 13 and 14, respectively. Chapter 15 covers competition policy, monopolies and state enterprises. Chapter 16 deals with the temporary entry of business persons. The entries on trade policy are here. Intellectual property provisions are contained in Chapter 17. Chapter 18 deals with the publication, notification and administration of laws, i.e. transparency. Chapters 19 and 20 deal, respectively, with review and dispute settlement in antidumping and countervailing duty matters, and institutional arrangements and dispute settlement procedures. Chapter 21 covers exceptions. The entries on trade policy are here. It has provisions on general exceptions, national security, taxation, balance of payments, disclosure of information and cultural industries. Chapter 22 covers matters such as entry into force, amendments and withdrawals. Side agreements have been concluded in the form of the North American Agreement on Labor Cooperation and the North American Agreement on Environmental Cooperation. Some agricultural matters have also been dealt with in separate agreements. The entries on trade policy are here. A Cabinet-level Free Trade Commission supervises the implementation and operation of NAFTA. The entries on trade policy are here. It is assisted by a secretariat consisting of national sections. The entries on trade policy are here. Each party funds its own secretariat staff. The secretariat is responsible, among other things, for administering panels and committees established for the settlement of disputes. See also cultural industries and investor-state dispute settlement.[1]
NAFTAin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “NAFTA” entry (OAS)
See Also
NAFTA and the European Union
Resources
See Also
- North American Free Trade Agreement
Resources
See Also
- International Organization
- Foreign Relations
- Intergovernmental Organization
- Regional Organization
- Regional Integration
Hierarchical Display of NAFTA
International Organisations > Extra-European organisations > American organisation
Trade > Tariff policy > Tariff policy > Free-trade area
Trade > International trade > Trade relations > Free-trade agreement
Geography > Economic geography > NAFTA countries
Meaning of NAFTA
Overview and more information about NAFTA
For a more comprehensive understanding of NAFTA, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of NAFTA
- Spanish: TLCAN
- French: ALENA
- German: NAFTA
- Italian: NAFTA-associazione
- Portuguese: NAFTA
- Polish: NAFTA
Thesaurus of NAFTA
International Organisations > Extra-European organisations > American organisation > NAFTA
Trade > Tariff policy > Tariff policy > Free-trade area > NAFTA
Trade > International trade > Trade relations > Free-trade agreement > NAFTA
Geography > Economic geography > NAFTA countries > NAFTA
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